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they passed obama care and all of this other stuff on the nation. but then in 2010 those moderate democrats or conservative democrats were defeated by conservative republicans who ran as pro life, pro marriage and smaller government and less taxes and that we have now the most conservative house of representatives in modern history. those issues win when they come from the heart as you have shown and then you can talk about them. the problem is we've got some republicans that only want to talk about these things at election time only to check the boxes and not because it eminates from the heart. >> it is going to be an interesting time to watch and see if the message continues to permeate in the leadership of the party. you are right. if it does, and the pro life and pro family voters who are by the way always fiscal conservatives, if they have no where else to go , they will either create a third party movement, they will become independent and support possibly even conservative democrats or they will just stay home and forget about it. tony, great
they passed obama care and all of this other stuff on the nation. but then in 2010 those moderate democrats or conservative democrats were defeated by conservative republicans who ran as pro life, pro marriage and smaller government and less taxes and that we have now the most conservative house of representatives in modern history. those issues win when they come from the heart as you have shown and then you can talk about them. the problem is we've got some republicans that only want to talk...
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Dec 26, 2012
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the proposal would have to be approved congress. >>> president obama is spending christmas with some of the nation's bravest men and women. greeting marines at a gays near their vacation home in hawaii paying tribute to them and their family. an annual vacation tradition for president obama. that is your 5@5:00. >>> speaking of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be
the proposal would have to be approved congress. >>> president obama is spending christmas with some of the nation's bravest men and women. greeting marines at a gays near their vacation home in hawaii paying tribute to them and their family. an annual vacation tradition for president obama. that is your 5@5:00. >>> speaking of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >>...
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Dec 31, 2012
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lou: with you think the odds are , colonel, that president obama, members of his party, and congress in particular will then call for an intensive investigation and examinatn of media and hollywood and their role in treating this kind ofof environment. >> i think the odds of hollywood doing it -- the odds of this president's doing an intensive study and an intensive investigation of the impact of the of namee in hollywood are slim to none. the tired old-- eaning it's not going to happen. we will see, what is the tired old, the red herring being dragged across the path again. it's all about the guns. it's the mantra. when they refused to point the camera at themselves. lou: they're going to do exactly that and a point the camera at themcontinue this discussion, and we're going to continue what he sure to be a significant national discussion. you postedd updated next. the sandy hook massacre. tonight we focus on america's mental health proble and issues in the lou dobbs for him. what can be progressive direct and other car insurance companies? yes. but you're progressive, and they're t
lou: with you think the odds are , colonel, that president obama, members of his party, and congress in particular will then call for an intensive investigation and examinatn of media and hollywood and their role in treating this kind ofof environment. >> i think the odds of hollywood doing it -- the odds of this president's doing an intensive study and an intensive investigation of the impact of the of namee in hollywood are slim to none. the tired old-- eaning it's not going to happen....
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on one hand, obama is criticizing the congress but also giving them the responsibility to come up with a deal. this is on his watch. obama does not want this going into next year. he wants to move quickly on immigration and energy and maybe gun control. so, but he has not been able to strike a deal with the speaker and that is -- you know, takes two to tango, both have to compromise. both have failed repeatedly on getting a debt deal both in the summer of 2011 and now. how to it is up to the senate which up until recently has been shoved to the side. can they come to the rescue. >> thank you so much. we will see what happens. 48 hours to go. bob cusack, thank you. >> thanks, heather. >> how are the talks progressing and what about reduction in government spending? we still have the looming 16 trillion plus budget deficit. remember that? and the politicians they are taking their time on that as well. we will ask house budget committee member south carolina republican congressman when joins us live later this hour. he is worried that the talks have not addressed spending. so we have to a
on one hand, obama is criticizing the congress but also giving them the responsibility to come up with a deal. this is on his watch. obama does not want this going into next year. he wants to move quickly on immigration and energy and maybe gun control. so, but he has not been able to strike a deal with the speaker and that is -- you know, takes two to tango, both have to compromise. both have failed repeatedly on getting a debt deal both in the summer of 2011 and now. how to it is up to the...
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. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with david gregory on "meet the press." nbc news white house correspondent has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the who economy can slow down. >> reporter: he called an lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans a major sticking points for republicans. >> the way they are behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> reporter: after the interview republican leaders accused the president of assigning blame instead of leading. >> when they say leadership falls on you mr. president you don't have a role here in breaking this impasse. you've had a tough go with congress. >> if
. >>> for his part president obama has been trying to turn up the heat on congress applying new pressure on sunday in an interview with david gregory on "meet the press." nbc news white house correspondent has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up, and for the average family that could mean a loss of $2,000 in income and the...
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Dec 26, 2012
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right now some say the biggest threat to their livelihood is congress. the fight in d.c. over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. >> people are nervous. >> very nervous. >> what are they saying when they're coming in? what are you hearing? >> what do we do? they don't know what to do. it's so uncertain right now that the banks don't know what to do, the farmers don't know what to do. they're out there plowing the land, getting it all prepared for next year with total uncertainty. >> reporter: at stake? $154 billion in federal farm aid and crop insurance sidelined by the fiscal cliff stalemate. benefits from the farm bill also guarantee rice farmer l.g. ron that his costs are covered whe
right now some say the biggest threat to their livelihood is congress. the fight in d.c. over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter:...
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Dec 29, 2012
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because even if obama has changed as a result of this, it's not clear that a lot else has changed or that anyone else has. you know, the congress is still in partial or effective republican control and the democrats aren't embracing it. >> has he given up on being a unifyier? does he still believe it is possible to bring the two sides of the aisle together? >> i think he does. and i think he's increasingly more pragmatic sounding than the bulk of his party. we've seen him try to make concessions that his party will not accept. there have been times where he wanted to do things that people in his party would not let him do. on the brighter side of changing washington, that is kind of the mandate that everyone as skibed to him. he actually talked about it when he ran. it is almost an impossible thing to pull off and jet it's what ever voter wants most. >> i wonder if the imperatives to unify and swing big can be in conflict with one another. i wonder if in some ways the very republican problems that karen was talking about for, their electoral problems, demographic problems could work
because even if obama has changed as a result of this, it's not clear that a lot else has changed or that anyone else has. you know, the congress is still in partial or effective republican control and the democrats aren't embracing it. >> has he given up on being a unifyier? does he still believe it is possible to bring the two sides of the aisle together? >> i think he does. and i think he's increasingly more pragmatic sounding than the bulk of his party. we've seen him try to...
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. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house correspondent kristin welker has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income, and the whole economy could slow down at a time when the economy's actually starting to pick up. >> reporter: he again called on lawmakers to strike a deal or hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overliove overriding theme. >> reporter: after the interview, republicans accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't have a
. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house correspondent kristin welker has details. >> reporter: on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in...
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call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican goes down either way on this. but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with us together. he is coming off strong, coming off the supporters, sticking to his position that he pledged to them with the campaign promises. what looks like house in disarray is boehner'
call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican...
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president obama said he would have preferred a grand bargain that solves all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. it may be we can do it in stages. >> reporter: negotiations have been going on all day, lawmakers and aids moving back and forth between meeting rooms on what is normally a quiet new year's eve. the major sticking point now is spending. the president suggested lawmakers take action on deficit reduction in the next few months and that more tax revenue could be involved in those discussions. but republicans are furious at that possibility. >> i'm willing to support revenue to deal with this problem. the overall problem. but what i will not agree to is using revenue to replace spending reductions. >> reporter: even if the senate frawfs deal by midnight the house still has to pass the measure before the president can sign into it law. randall pinkston, cbs news, washington. >> even if it takes a few days to finish lawmakers say the cuts will be made retroactively but for federal em
president obama said he would have preferred a grand bargain that solves all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. it may be we can do it in stages. >> reporter: negotiations have been going on all day, lawmakers and aids moving back and forth between meeting rooms on what is normally a quiet new year's eve. the major sticking point now is spending. the president suggested lawmakers take...
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. >> well, senator john mccain blasting president obama's comments on debt negotiations. the senator is joining us from the capitol. you said that the president was antagonizing congress? >>guest: well, you played the clip. that is the point when we are in sensitive and serious negotiations. you talked with byron about the sequestration issue, a matter of great concern. when the secretary of defense says if we do sequestration it will devastate our national security, our ability to defend the nation, and the president is going over there joking around and saying things that can be not conducive to sitting across the table and getting things accomplished. >> so, help us through the technical as expects of this. we are learning the house of representatives will not vote on a deal today which means we are tumbling off the cliff. what is next? >>guest: well, probably tonight it is very possible the senate could vote on the package and when the house comes back after the 1st they will vote. that is not a done deal. many house member promised not to raise taxes. the senate part
. >> well, senator john mccain blasting president obama's comments on debt negotiations. the senator is joining us from the capitol. you said that the president was antagonizing congress? >>guest: well, you played the clip. that is the point when we are in sensitive and serious negotiations. you talked with byron about the sequestration issue, a matter of great concern. when the secretary of defense says if we do sequestration it will devastate our national security, our ability to...
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the losers, congress, president obama, makes both lists, and awful those new year's eve plans. for a fair and balanced analysis now with democrat from texas and brad blakman. thank you for joining us and happy new year's day, i guess. >> happy new year. thank you. >> we are talking about the winners and the losers in all of this. on that list from the washington post, a lot of politicians. you know what really matters in this is the american people. i want to know from both of you who wins in this? it is still not even over. brad, i will start with you. >> heather, the american people are the big losers. they are not winning in this deal. we don't have a revenue problem. we have a spending problem. we should have been dealing with spending first. there should have been a bill and we should have dealt with see -- sequestration. there were two house bills, one on spending and taxation that the senate never took up. the bottom line is this, when you govern out of duress instead of deliberation, it is always a mess. it is always a crisis with the president and the senate and not mo
the losers, congress, president obama, makes both lists, and awful those new year's eve plans. for a fair and balanced analysis now with democrat from texas and brad blakman. thank you for joining us and happy new year's day, i guess. >> happy new year. thank you. >> we are talking about the winners and the losers in all of this. on that list from the washington post, a lot of politicians. you know what really matters in this is the american people. i want to know from both of you...
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. >> i think that's the case and also what you see is washington, including president obama and congress, they are like kids playing soccer, they go to whichever ball is next and don't look at the bigger picture. there was a gun-- a terrible shooting, now they want to do gun control. they have some-- it's from one thing to the next and rather than a bigger picture and dealing with things. >> and mark this the beginning of the end of the n.r.a. as a big tougher-- >> their approval. >> like the unions. >> and no, no, a lot higher than that. >> i repeat, still ahead on "the five." >> so, these are chicken wings. >> wow, minnesota or wisconsin, one or the other. >> music, ♪ i'm singing forever. >> i'm so glad i could introduce this. one of the great things about "the five" is all the fun they have at this table. we'll look at some of the wildest moments. you don't want to miss this. we'll be right back. ♪ let's twist again like we did last year ♪ ♪ ♪ in new york city, dancing in the street ♪ >> yes, sir, hello, excuse me. welcome back to "the five." my personal five, that's five,
. >> i think that's the case and also what you see is washington, including president obama and congress, they are like kids playing soccer, they go to whichever ball is next and don't look at the bigger picture. there was a gun-- a terrible shooting, now they want to do gun control. they have some-- it's from one thing to the next and rather than a bigger picture and dealing with things. >> and mark this the beginning of the end of the n.r.a. as a big tougher-- >> their...
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but the american people tonight are being held hostage by a congress and yet the president who danes from on high. >> if i fault president obama i would say sometimes he is stubborn like a visitor from a morally superior civilization. he comes in here and he will talk to boehner he won't talk with other republicans. he hasn't built the trust. >> we don't know how much is going to be in our paychecks next week whether that small business might hire us. whether we can pay our mortgages chs leaders talk to each other get to the bottom of the problem and don't blame others and kick the can down the road. >> i do believe the president doesn't work hard enough bringing everybody into the white house rolling up his sleeves, getting him around the table saying how do we get this deal done? give a little something. show good faith about what needs to be done on deficit reduction and entitlement program. >> this isn't rocket science. politicians have to agree on a mix of tax increases and spending cuts. instead it seems more a game of hide and seek, a gotcha game about who is going to get blam
but the american people tonight are being held hostage by a congress and yet the president who danes from on high. >> if i fault president obama i would say sometimes he is stubborn like a visitor from a morally superior civilization. he comes in here and he will talk to boehner he won't talk with other republicans. he hasn't built the trust. >> we don't know how much is going to be in our paychecks next week whether that small business might hire us. whether we can pay our...
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president obama said the u.s. can't afford a self inflicted wound to our economy. >> fortunate lie congress can prevent it from happening if they act right now. i had a good and constructive discussion with senate and house leadership about preventing the tax hike on the middle class and we should be able to reach an agreement to pass both house necessary time. >> senate leaders can't strike a deal. it would be a plan c. keeping tax cuts for those making $250,000 or less . extending unemployment benefits and delay dramatic spending cuts until later next year. >> they realize it is it a critical time. >> we are engaged in discussion majority leader and myself and the white house in the hopes we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make and we'll be working hard to try to get there in the next 24 hours. >> sources say house spheeker bone bone deferred to the senate and house would consider or amend the plan and not expected to be included is t
president obama said the u.s. can't afford a self inflicted wound to our economy. >> fortunate lie congress can prevent it from happening if they act right now. i had a good and constructive discussion with senate and house leadership about preventing the tax hike on the middle class and we should be able to reach an agreement to pass both house necessary time. >> senate leaders can't strike a deal. it would be a plan c. keeping tax cuts for those making $250,000 or less . extending...
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. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house co. an hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthieri would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only beh that their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overliove overriding theme. >> reporter: after the interview, republicans accused the president of assigning blame instead of leading. >> when they say leadership falls on you, mr. president, you don't have a role in breaking this impact? you've had a tough go with congress. >> david, at a certain point, if folk
. >>> for his part, president obama has been trying to turn up the heat on congress, applying new pressure sunday in an interview with david gregory on "meet the press." nbc news white house co. an hold a vote on his plan which would raise tax rates on wealthy americans, a major sticking point for republicans. >> the way they're behaving is that their only priority is making sure that tax breaks for the wealthieri would raise tax rates on wealthy americans, a major...
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is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that. he won fair and square. isn't it now time to govern? >> the president was out of line with his comments at 1:30 afternoon. this is a delegate time. i think the democrats would be embased after what the president did. >> after months of the president promising a balanced approach there are only tax hikes for rich without new spending cuts. today he hinted at more tax hikes ahead. warning republicans that the future deficit reduction will not come from cuts alone. >> if they think that is the formula for how we solve this thing, they have another thing coming. that is not how it will work. >> republicans fire back it's time for presidential leadership, to stop exploding cost of programs like medicare. >> mr. president, i am willing to play along
is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that. he won fair and square. isn't it now time to govern? >> the president was out of line with his comments at 1:30 afternoon. this...
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a message directed solely at congress and president obama. >> i hope they take notice of it and it hits home with them that something needs to be happening. >> i don't know if it will work, but it's a great idea. >> at least do something, right? >> absolutely. get off their rear ends and do something. >> looks like they have written something on their cup there. >> it was hidden tore a second. yeah. it's there. >> do you think it's smart? >> i think it's good from the corporate world. at the they need to get people to come together. makes sense. >> if they would listen to starbucks they would solve this and we wouldn't go off the cliff. >> do you think it's a good idea? >> yes. >> do you think it will work. >> no. >> what do you think of the campaign. >> i think it's a great campaign because we don't want to pay higher taxes and have young people and seniors being affected by the economic hardship. times ever har. we've within in this almost ten years now so it's time to come together and solve a lot of issues outside of the fiscal cliff. >> do you think this will work, the campaign com
a message directed solely at congress and president obama. >> i hope they take notice of it and it hits home with them that something needs to be happening. >> i don't know if it will work, but it's a great idea. >> at least do something, right? >> absolutely. get off their rear ends and do something. >> looks like they have written something on their cup there. >> it was hidden tore a second. yeah. it's there. >> do you think it's smart? >> i...
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Jan 1, 2013
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president obama said a deal is in sight. appeared at a campaign style event to remind everyone he is winning and the g.o.p. is not. >> just last month republicans in congress said they would never agree to raise tax rates on 00 wealthiest americans. obviously the agreement is currently being discussed would raise those rates and raise them permanently. >> republicans suggested the event may back fire. accusing the president of rubbing their noses in defeat. >> time to stop the campaigning, the president won. we all know that. he won fair and square. but isn't it now time to govern? >> the president was absolutely out of line with his comments at 1:30 this afternoon. this is a very delicate time in the negotiations. i would think democrats would be embarrassed at what the president did. >> after months of the president promising a balanced approach, there are only tax hikes for the rich without any new spending cuts. and today he hinted at even more tax hikes ahead. warning republicans future deficit reduction will not come f
president obama said a deal is in sight. appeared at a campaign style event to remind everyone he is winning and the g.o.p. is not. >> just last month republicans in congress said they would never agree to raise tax rates on 00 wealthiest americans. obviously the agreement is currently being discussed would raise those rates and raise them permanently. >> republicans suggested the event may back fire. accusing the president of rubbing their noses in defeat. >> time to stop the...
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. >>> and in honolulu, president obama and the first lady attended a memorial service for senator daniel inouye, the world war ii veteran who died last week at age 88 after serving nearly 50 years in congress. >>> the markets will be open for a half day today and closed tomorrow for christmas. a traditionally quiet week could become hellish for traders. as fiscal cliff talks drag into the 11th hour with $600 billion in tax hikes and spending cuts due to kick in early next year, lawmakers will get back to the table later this week after house speaker john boehner's plan b failed to get enough republican support for a vote last week. >>> still, the market has been resilient. despite friday's decline, the s&p 500 posted its best week in four. and with just five trading sessions left in 2012, the dow has advanced 8% while the s&p 500 climbed 13. the nasdaq has jumped 16%. >>> reports are due this week on pending home sales. sales of new homes and a look at home prices in the nation's 20 largest cities. >>> are you still not sure what to get for the person who has everything? new retail nbers
. >>> and in honolulu, president obama and the first lady attended a memorial service for senator daniel inouye, the world war ii veteran who died last week at age 88 after serving nearly 50 years in congress. >>> the markets will be open for a half day today and closed tomorrow for christmas. a traditionally quiet week could become hellish for traders. as fiscal cliff talks drag into the 11th hour with $600 billion in tax hikes and spending cuts due to kick in early next...
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Dec 27, 2012
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obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat the british in two major battles, that's sacrifice. i, for one, never understood how in good conscious any of these politicians would think about leaving town with so much riding on this cliff hanger? shouldn't they get their work done before they leave town for a break? that's what's expected for most working americans but then again washington politicians have rules of their own. people whose salaries that we pay are called public servants. meaning they verve us. not the other way around. we don't work to make their lives better. they are supposed to make ours better. the operative word here being work. so much doesn't seem to be working though at al
obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat the british in two major battles, that's sacrifice. i, for one, never understood how in good conscious any...
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Dec 26, 2012
12/12
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we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about the fiscal cliff and we know that potential huge tax increase for us. even if they come up with a way, your taxes are going up. >> clayton: because of obamacare and the spending we're about to put forth for that is going to go into effect in 2013. we went through this. we'll start at the top because a 3.8% surtax on investment income will take place. 3.8% on individuals for $200,000 or married couples with a $250,000 a year income. >> gretchen: also a cap on the flexible and spending accounts that maybe you have become accustomed to. remember those are tax free dollars you can take out of your paychecks ahead of time to pay for medical expenses and even in some cases, daycare. there
we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about the fiscal cliff and we know that potential huge tax increase for us....
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Dec 31, 2012
12/12
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president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> mitch mcconnell, who you just heard from there, is trying to enlist vice president joe biden in the fiscal cliff talks. in the absence of a deal, senator reid is prepared to hold a bill on the president's backup plan. and as all of this goes back and forth, here is how markets are faring ahead of the open today. futures show the do
president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or...
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Dec 24, 2012
12/12
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president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbs, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could not go any further. lou: and he didn't. the plan be option collapsing last night when he failed to get republican support to raise taxes on only those making more than a million dollars a year. over in the senate majority leader harry reid pounced on the very public embarrassing defeat. >> we knew the so-called plan b was no plan at all. it could not pass the senate. it turns out, it could not pass the house either. it is too bad speaker boehner wasted a week in his political stunt. lou: if there is no agreement, taxes will go up on all american taxpayers and hundreds of billions of dollars in automatic government spending cuts will kick in. potentially plu
president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbs, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could not go any further. lou: and he didn't. the plan be option...
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Dec 31, 2012
12/12
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about this morning. >> the president spoke to nbc's meet the press about the urgency for congress to act and placed the blame on republicans. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership and i suggested if they want kant to a comprehensive package let's at minimum make sure people's taxes don't go up and 2 million people don't lose unemployment insurance. i was optimistic yesterday but we don't see an agreement now the pressure is on congress to produce. if they don't what i have said is in the senate we should introduce legislation that would make sure middle class taxes stay where they are. >> donald trump will react to the current state of the negotiations at 7:00 a.m. eastern. >>> time now for your 5@5:00. the top five stories making news at this hour and a fox news alert. she was supposed to be back on the job this week but hillary clinton is now in the hospital. a spokesman says a blood clot was found in a follow up exam for her co
about this morning. >> the president spoke to nbc's meet the press about the urgency for congress to act and placed the blame on republicans. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership and i suggested if they want kant to a comprehensive package let's at minimum make sure people's taxes don't go up and 2 million people don't lose...
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Dec 29, 2012
12/12
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MSNBCW
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president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you don't want to be blamed for going over it. it is going to be bad for the economy. it's bad for the country. what speaker boehner's done is create a situation in which we're going to go over the fiscal cliff. but the people who want higher taxes, the democrats, they're not going to be blamed for it. after all, it was john boehner who walked away from negotiations to try plan "b" last week. then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john boehner has done here is a debac
president obama out right now. everybody's always known two things about the cliff. you're almost certainly going to get more taxes in a deal after you go over than in a deal before you go over it. that's because after you go over the cliff, taxes already go up for everybody. so anything you do, any reasonable deal congress reaches, it will be a big tax cut. but the other thing about the fiscal cliff is you don't want to be blamed for going over it. it is going to be bad for the economy. it's...
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Dec 31, 2012
12/12
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today president obama took one more opportunity to tell congress not to let that happen. >> part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize to have congress and that members of both parties understand that all across america this is a pressing concern on people's minds. >> jared bernstein is an msnbc contributor and former chief economic adviser to vice president joe biden. jared, thank you for being here. >> thank you for inviting me, jonathan. >> take us through what happens if we do, indeed, go over the cliff tonight. >> well, if we go over the cliff and there isn't a new plan in the offing that could pass very quickly, and that's actually quite an if right now because they have been making some progress, then, you know, some bad stuff could happen when financial markets reopen. they would take a spike down because they have largely priced in a solution. a very serious problem, millions of people would face what's called a hard cutoff of their unemployment benefits. if you're on extended unemployment insurance, meaning you're a lon
today president obama took one more opportunity to tell congress not to let that happen. >> part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize to have congress and that members of both parties understand that all across america this is a pressing concern on people's minds. >> jared bernstein is an msnbc contributor and former chief economic adviser to vice president joe biden. jared, thank you for being here. >> thank you for...
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Dec 31, 2012
12/12
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president obama acknowledged lapsed that the white house would take immediate steps to resolve. he rejected criticism that he would let his u.n. ambassador twisting in the wind, susan rice, instead of training fire on republicans. >> information a politically motivated attack on her. she probably had the least to do with the attack on benghazi. why she was targeted individually for the kind of attacks that she was subjected to is -- it was puzzling to me. >> the process also seems to be playing out with one of obama's top picks to lead the pentagon. the president was quick to praise republican former nebraska senator chuck hagel, but was just as quick to say he hadn't made up his mind. >> i haven't made a decision about who to nominate. >> anything disqualify him? >> not that i see. i have serbed with chuck hagel. he know him. is he somebody who served this country is w veil valor. >> he ran into stubborn resistance over the weekend from senate republicans like lynndie graham and tomko burn. >> there would be little republican support. there will be very few votes at the end of
president obama acknowledged lapsed that the white house would take immediate steps to resolve. he rejected criticism that he would let his u.n. ambassador twisting in the wind, susan rice, instead of training fire on republicans. >> information a politically motivated attack on her. she probably had the least to do with the attack on benghazi. why she was targeted individually for the kind of attacks that she was subjected to is -- it was puzzling to me. >> the process also seems...